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Tat Hong Chart Analysis

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tact888
    20-Jul-2012 16:13  
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Symmetrical triangle appears to be losing its power as price approaches the triangle apex. If the price does not breakout before the triangle apex it will probably trade between the blue resistance zone and red support zone  as shown in the chart. Price currently inside the ichimoku cloud and needs to breakout above this cloud to move further up.

View chart at http://tactcharts.blogspot.sg/2012/07/tat-hong-symmetrical-triangle-to-range.html
 
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